Former Bitcoin Miners Rally Into AI Infrastructure Play, With HUT Up 131% YTD and WULF Analysts Targeting 66% Upside

According to Koyfin data and Wall Street analyst estimates, former Bitcoin miners Hut 8 (HUT), TeraWulf (WULF), Keel Infrastructure (KEEL), and Cipher Digital (CIFR) have pivoted toward AI infrastructure and posted substantial gains in 2026. HUT stock has outperformed its peers, up more than 131% year-to-date, while KEEL and WULF stocks have more than doubled, and CIFR stock has gained nearly 58%.

Wall Street is bullish on all four, with WULF leading on 12-month price targets. Analysts project $38.59 for WULF, implying over 66% upside, followed by CIFR at $32.63 (40% upside) and HUT at $126.94 (19.5% upside). Stocktwits sentiment on WULF is 'extremely bullish', though retail traders on HUT and KEEL have turned 'bearish' this month.